Tax Transcript Shows $3,485 EIC Refund with Feb 10 Processing Date and April 15 Credit Dates - When Will I Get My Money?

I filed my 2024 taxes as Head of Household with 2 exemptions and my transcript updated today. Looking at my transcript, I can see all the details now: ACCOUNT BALANCE: -$4,681.00 ACCRUED INTEREST: $0.00 AS OF: Feb. 11, 2025 ACCRUED PENALTY: $0.00 AS OF: Feb. 11, 2025 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): -$4,681.00 INFORMATION FROM THE RETURN OR AS ADJUSTED: EXEMPTIONS: 02 FILING STATUS: Head of Household ADJUSTED GROSS INCOME: $28,263.00 TAXABLE INCOME: $5,363.00 TAX PER RETURN: $38.00 SE TAXABLE INCOME TAXPAYER: $0.00 SE TAXABLE INCOME SPOUSE: $0.00 TOTAL SELF EMPLOYMENT TAX: $0.00 RETURN DUE DATE OR RETURN RECEIVED DATE (WHICHEVER IS LATER): Apr. 15, 2025 PROCESSING DATE: Feb. 11, 2025 TRANSACTIONS: CODE | EXPLANATION OF TRANSACTION | CYCLE | DATE | AMOUNT 150 | Tax return filed | 20250405 | 02-11-2025 | $38.00 30211-421-16702-5 806 | W-2 or 1099 withholding | 04-16-2025 | -$334.00 766 | Earned income credit | 04-16-2025 | -$4,485.00 My AGI is $28,263.00 with a taxable income of $5,363.00. I see a processing date of Feb. 11, 2025, but I don't see any direct deposit date. My total refund is showing -$4,681.00 (which includes -$4,485.00 for Earned Income Credit and -$334.00 in withholdings against my tax of $38.00). Does anyone know what this means for my refund timeline? I'm trying to understand when I'll actually receive the money. The transcript shows transaction codes 150 for tax return filed (cycle 20250405), 806 for W-2 withholding, and 766 for EIC, all with dates of either 02-11-2025 or 04-16-2025. Does the 04-16-2025 date mean I won't get my refund until April?

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Daniel White

The transcript shows your 2024 tax return has been successfully processed with a Head of Household filing status and 2 exemptions. Your financial breakdown includes: - Adjusted Gross Income (AGI): $27,263.00 - Taxable Income: $5,363.00 - Base Tax Amount: $38.00 - W-2 Withholdings (Code 806): -$234.00 - Earned Income Credit (Code 766): -$3,485.00 - Total Refund Amount: -$3,681.00 The processing date of February 10, 2025, indicates your return has completed initial processing. Your transaction codes (150 for tax return filed, 806 for withholdings, and 766 for EIC) are all properly posted with dates of either February 10 or April 15, 2025. The cycle code 20250405 confirms your return was processed in the 5th week of 2025. Currently, there's no Direct Deposit Date (846 code) showing yet. For returns claiming Earned Income Credit, you can typically expect to see the 846 code appear within 1-2 weeks after the processing date, assuming no additional review is needed. Your account shows no accrued interest or penalties, which is positive indication everything is proceeding normally.

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